Anthropic Could Go Public in October, Potentially Dethroning the Record for the Largest IPO Ever
According to reports from CCTV Finance and the Financial Times, several of Anthropic’s investors have revealed the company is expected to hit the public market in October with a valuation of $2 trillion or even higher. If those projections hold up, that valuation would surpass SpaceX and mark the largest initial public offering in history. Investors point to red-hot market demand for AI models and tools as a key pillar propping up that massive valuation. They project Anthropic’s annualized revenue could reach between $100 billion and $120 billion by the end of 2026, which would represent more than a tenfold surge over the course of this year alone.
It’s been noted that Anthropic confidentially submitted its IPO paperwork to the U.S. Securities and Exchange Commission back in June and has since entered a quiet period. Because of that, the company is barred from publishing any public statements about its own financial performance. Since the start of this year, venture capital firms, sovereign wealth funds, and other investors have poured close to $100 billion into the company. Back in May, Anthropic’s valuation crossed $965 billion, overtaking OpenAI at the time.
DeepSeek V4 Pro Official Version Is Now Live
On August 13, the official version of DeepSeek V4 Pro hit the market.Right now, the official DeepSeek V4 Pro model has been rolled out simultaneously across the app, web interface, and API. Users can head to the app or web version, switch on “Expert Mode,” and start using the brand-new V4 Pro official model right away. The API model name stays the same.
On the same day, DeepSeek also announced it’s updating its API pricing structure, introducing peak-valley pricing where off-peak hours cost half as much as peak hours. Peak hours are 9:00 AM to 12:00 PM and 2:00 PM to 6:00 PM Beijing time (everything else counts as off-peak). The new rates take effect at 00:00 on August 17, 2026, Beijing time.
Zhipu Gets Added to the MSCI China Index
According to China Securities Journal, on August 12 local time, MSCI revealed the results of its August 2026 index review for MSCI equity indexes.In this round of adjustments, the MSCI China Index added 33 stocks, including Zhipu, Dingtai High-Tech, Kailaiying, Huafeng Measurement & Control, Yandong Micro, and International Composites, while removing 32 names such as Vanke A and Zhifei Biologics. The changes take effect after the market close on August 31.
Cisco’s Q4 Revenue Jumps 18% Year Over Year to $17.3 Billion, AI Infrastructure Orders Stay Red-Hot
On August 12 local time, Cisco reported its fourth-quarter results for fiscal 2026. The company posted quarterly revenue of $17.3 billion, up 18% year over year. On a GAAP basis, net income came in at $3.9 billion, up 51%, with earnings per share of $0.97, a 52% increase. For the full fiscal 2026, revenue hit $63.3 billion, up 12%, while net income and EPS landed at roughly $13.4 billion and $3.33, respectively. Cisco said product orders grew 35% year over year in Q4, with networking product orders up 40%—marking the eighth straight quarter of double-digit growth. AI infrastructure demand is also showing no signs of cooling: the company hauled in $4 billion in related orders during Q4 and $9.3 billion for all of fiscal 2026. Looking ahead, Cisco projects AI infrastructure revenue of $7.5 billion for fiscal 2027.
Apple Reportedly Looking to Pay Publishers Up to Hundreds of Millions for News Content to Supercharge AI-Powered Siri
On August 12, reports surfaced that Apple is in talks with several publishers about multi-year content licensing agreements, with the goal of giving its AI-enhanced Siri access to up-to-the-minute news and information. The licensing budget Apple is discussing could reach hundreds of millions of dollars, and the company is also considering paying publishers based on how much of their content actually gets used.
IBM and OpenAI Join Forces, Accelerating Secure AI Deployments in Core Enterprise Operations
On August 13, IBM announced a strategic partnership with OpenAI aimed at helping businesses deliver real results by rolling out AI at scale across core operations and complex workflows, while also beefing up cyber defense and resilience through programs like OpenAI Daybreak. IBM says the two companies will establish a joint go-to-market partnership under this deal, weaving OpenAI frontier models—including GPT-5.6—and other products into IBM Consulting Advantage, the company’s AI platform for consulting services. On top of that, IBM is launching a dedicated OpenAI business unit staffed by thousands of consultants and engineers who’ve already earned advanced certifications through the OpenAI Partner Network.
